Hillstream Biopharma Inc. (NASDAQ:CNTN – Get Free Report) Director Gary Stetz sold 87,851 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $3.42, for a total transaction of $300,450.42. Following the sale, the director directly owned 146,675 shares of the company’s stock, valued at $501,628.50. This represents a 37.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Hillstream Biopharma Stock Down 3.7%
CNTN stock opened at $3.11 on Friday. Hillstream Biopharma Inc. has a one year low of $1.08 and a one year high of $9.08. The stock has a market capitalization of $217.11 million, a price-to-earnings ratio of -2.70 and a beta of 1.44. The firm’s 50-day moving average price is $3.31.
Hillstream Biopharma (NASDAQ:CNTN – Get Free Report) last posted its quarterly earnings data on Wednesday, May 13th. The company reported ($0.23) EPS for the quarter.
Wall Street Analysts Forecast Growth
Read Our Latest Stock Analysis on CNTN
About Hillstream Biopharma
Hillstream BioPharma, Inc, a pre-clinical biotechnology company, develops novel therapeutic candidates targeting ferroptosis, an anti-cancer mechanism resulting in iron mediated cell death (IMCD) for the treatment resistant cancers. The company’s product candidate is HSB-1216, an IMCD inducer targeting solid tumors. It also develops HSB-888, a dual Quatramer loaded IMCD inducer coupled with its anthracycline analogue for solid tumors; HSB-510, a targeted bifunctional inhibitory compound in Quatramer with single digit nanomolar; IC50 against PI3K-delta and HDAC6, which is also known to downregulate; c-myc, a cancer drug target; and HSB-114, an immunotherapeutic agent, which uses its Quatramer technology to deliver tumor necrosis factor-alpha gene into cancer cells.
Further Reading
- Five stocks we like better than Hillstream Biopharma
- 3 Stocks Rallying on Micron’s Price Boost: Substance or Hype?
- Snowflake and the Snowballing Impact of its AI Flywheel
- AI’s Biggest Bottleneck Could Make These 2 Stocks Soar
- These 3 Beaten-Down Stocks Just Saw $25 Million in Insider Buying
Receive News & Ratings for Hillstream Biopharma Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hillstream Biopharma and related companies with MarketBeat.com's FREE daily email newsletter.
